11 Posts found for Author: P.J. Jakovljevic

Increasing globalization is leaving manufacturers no choice but to change the way they conduct their business, starting with reorganizing their supply chain processes. More and more, these organizations are opting to streamline their in-house operations by steering their supply chains toward horizontal or virtual integration. But many manufacturers have found that the software technologies designed for the vertical supply chains of yesterday cannot support this … [ Read more ]

Content: Article | Author: P.J. Jakovljevic | Source: TechnologyEvaluation.com | Subjects: IT / Technology / E-Business, Operations

Managing incentive compensation presents challenges to almost every large and midsized company, due to the complex nature of the calculations. Such calculations might involve determining whether the sales plan is to pay on profit, or rather pay on market share; whether it involves multiple payees per transaction, etc. Other considerations include the high levels of security required (owing to the numerous and diverse authorization levels, … [ Read more ]

Content: Article | Author: P.J. Jakovljevic | Source: TechnologyEvaluation.com | Subject: Human Resources

Depending on the pricing problem the company is trying to solve, there might be different pricing processes and software categories, such as:
* price execution
* price enforcement
* price visibility
* price optimization
* pricing management

Content: Article | Authors: Olin Thompson, P.J. Jakovljevic | Source: TechnologyEvaluation.com | Subjects: Marketing / Sales, Pricing

It is not exactly breaking news that, due to the need for driving down costs and increasing efficiency, manufacturers (if not enterprises of all kinds) are increasingly subject to massive pressures. These pressures, however, often invalidate the traditional materials requirements planning (MRP) batch- and push-based production planning and associated economies of scale product costing approaches. For this reason, there has been increased interest in the … [ Read more ]

Content: Article | Author: P.J. Jakovljevic | Source: TechnologyEvaluation.com | Subject: Operations

Economic and regulatory pressures have made a broad set of technologies called business intelligence (BI), more important than ever for all enterprise application users. Users rarely feel satisfied with the amount of information they can extract, if they can extract any at all, from their enterprise applications. Enterprise resource planning (ERP) and BI (sometimes called analytics, which is specialized analytical software) are inseparable concepts, but … [ Read more ]

Content: Article | Authors: Olin Thompson, P.J. Jakovljevic | Source: TechnologyEvaluation.com | Subject: IT / Technology / E-Business

Describes some very important and very elusive IT concepts including:
– eXtensible markup language (XML)
– Universal description, discovery, and integration (UDDI)
– Web services description language (WDSL)
– Simple object access protocol (SOAP)
– Service oriented architectures (SOA)
– Business Process Management (BPM)
– Business process execution language (BPEL)

Content: Article | Author: P.J. Jakovljevic | Source: TechnologyEvaluation.com | Subject: IT / Technology / E-Business | Industry: Information Technology

Communications and transportation networks improved so dramatically over the last few decades, that even faraway regions and nations around the globe are now within the reach of a mere Internet connection. As a result, companies have jumped into international markets and outsourced their manufacturing and procurement operations to cheaper overseas manufacturers and suppliers, while some have established subsidiaries around the world. The Internet-based e-business promises … [ Read more ]

Content: Article | Author: P.J. Jakovljevic | Source: TechnologyEvaluation.com | Subjects: International, IT / Technology / E-Business

The lean manufacturing support philosophy has recently received increased interest, potentially allowing it to break like a huge wave across industry. The Enterprise Resource Planning (ERP) systems of the 1990s have been burdened with the liability of carrying on some well-publicized Material Requirements Planning (MRP) problems like complex bills of material (BOMs), inefficient workflows and unnecessary transactions, activities, and data collections.

Companies such as John … [ Read more ]

Content: Article | Author: P.J. Jakovljevic | Source: TechnologyEvaluation.com | Subjects: IT / Technology / E-Business, Operations

ERP applications are designed to optimize an organization’s underlying business processes – primarily accounting/financial, manufacturing, distribution, and human resources/payroll. This note identifies 3 current trends in the ERP market: ERP Functional Scope Expansion; Sharper Vertical Focus; and Flexibility Enabled by Adaptable Architecture. These trends are the direct consequence of vendors’ attempts to resolve current ERP functional and/or technological deficiencies, and/or expand software sales both within … [ Read more ]

Content: Article | Author: P.J. Jakovljevic | Source: TechnologyEvaluation.com | Subjects: Operations, Trends / Analysis

Part 2 of 2-part note. This part identifies 3 more current trends in the ERP market: Web- and E-commerce Enablement of ERP Systems; Intensified Market Merger & Acquisition Activity; and Advent of Application Hosting Services.

Content: Article | Author: P.J. Jakovljevic | Source: TechnologyEvaluation.com | Subjects: Operations, Trends / Analysis

Incredibly informative article on the history of ERP and an anlysis of the future; includes a glossary

Editor’s Note: requires a (free) account to view

Content: Article | Author: P.J. Jakovljevic | Source: TechnologyEvaluation.com | Subjects: IT / Technology / E-Business, Operations